Hong Kong based issuer of the CNHC stablecoin raised $10m in new funding led by KuCoin Ventures.
"The CNHC stablecoin was launched in 2021 for use cases including money transfers and cross-border trade settlements. It is currently issued on the Ethereum and Conflux blockchains, and its total supply is around 15 million tokens (worth roughly $2 million), according to Cham."
https://www.theblock.co/post/219979/stablecoin-issuer-cnhc-raises-10-million-kucoin-ventures